Sheffield United have announced that they propose to raise £10m in time for boss Neil Warnock to strengthen his squad in the January transfer window.
Warnock is keen to strengthen his squad
Up to £5m would be used to invest in new players from the fund-raising.
The money will be raised by way of a loan from Scarborough Investors, conditional on shareholders' approval.
A statement from Blades chairman Kevin McCabe said: "This fund-raising will allow us to invest further in new
players for our first team."